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July 4, 2001
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Money > Stocks > Technicals > Daily technicals July 4, 2001 |
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Trading strategy for July 5, 2001BSE Sensex: The index has taken support near 3300 levels and an immediate reference point lies at 3286 points. Immediate resistance lies at 3340. Satyam: The stock has taken support at Rs 155. At the same time it has crossed its minor hurdle of Rs 170. Next major resistance lies at Rs 188. Outlook continues to be negative. Infosys: The stock has made a double bottom at Rs 3135 which can be used as a strong reference point. Major hurdle lies at Rs 3800. SSI: The stock recovered sharply from its low of Rs 270. On the upper side, it is likely to face a hurdle at Rs 330 levels. Ranbaxy: The stock has retraced its entire rise. It continues to be in the down trend and the medium-term outlook will improve only above Rs 520. Arc Investments & Consulting
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